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Bitmain’s Power Tussle Reaches Fever Pitch As Micree Zhan Accuses Jihan Wu Of Illicit Actions

In the light of recent events, Bitmain’s ownership may soon be confronted with a dramatic upturn. On June 22, Micree Zhan, one of the co-founders of Bitmain, the largest bitcoin mining chip producers in China, issued a document against his founding co-partner Jihan Wu, accusing him of illicit actions which put a threat of him […] дальше »

2020-6-23 18:45


This Technical Factor Suggests Bitcoin Will Soon See Explosive Volatility

Bitcoin’s bulls are currently engaged in an intense battle to break above the heavy resistance the cryptocurrency faces at $9,500. The selling pressure seen here has been enough to stop the benchmark digital asset from seeing any type of intense uptrend, but it still remains a possibility that this level is shattered in the near-term. […] дальше »

2020-6-23 00:00


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The Probability of Ethereum Seeing a Parabolic Rise in 2020 is 7%; Factors to Consider

Ethereum has been moving in close tandem with Bitcoin throughout the past several days and weeks, struggling to garner any independent momentum as it ranges This sideways trading has done little to bolster the cryptocurrency’s bull case That being said, analysts have been pointing to its fundamental strength as a reason why it may soon explode higher Data seems to suggest that the crypto only has a 7% chance of seeing any type of intense […] дальше »

2020-6-23 23:00


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Ethereum Could Soon “Rally Hard” as DeFi Hits Escape Velocity: Fund Manager

The past few days and weeks have seen Ethereum’s decentralized finance ecosystem erupt higher. As Camila Russo, a former Bloomberg journalist turned Ethereum publicist, accentuated this when she noted on June 19th that the past week has seen the value of tokens locked in DeFi applications surge by 40% to $1.4 billion. Some are skeptical […] дальше »

2020-6-20 13:00


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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility

Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […] дальше »

2020-6-20 02:00


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Ethereum Will Soon See 2,000 TPS with This Zero-Knowledge Layer-2 Application

A new layer-2 application running on Ethereum promises to bring scalability to the network, even touting “VISA level” transactional volume once deployed.   Addressing Ethereum Scalability Developed by Matter Labs, zkSync launched its beta product on the Ethereum mainnet on June 18, as announced via an official blog. дальше »

2020-6-19 15:07


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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally

Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »

2020-6-18 21:00


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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500

After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »

2020-6-17 21:00


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XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness

XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this trend is going to alleviate anytime soon, as there are other signs of weakness that it has been flashing in recent times One veteran trader even noted that it could soon plummet another 30% against its BTC trading pair XRP has been struggling to garner any […] дальше »

2020-6-13 23:00